American-born retail giant famed for general endorsement of the cutting-edge technologies is welcoming a blockchain-based replacement of the outdated food tracking system.
In mid January 2018, retail giant Walmart announced that they would be cutting over 1,000 corporate jobs. The reason? To reorient itself in an ever evolving retail environment dominated by ecommerce superstar, Amazon.
Walmart filed a patent application to develop a blockchain processing device to track, register and authenticate items of the payload moving through a supply chain.